BMO Harris Bank announces plans for investing in employees, communities

Daily News Staff

Feb. 1, 2018

BMO Harris Bank announced Tuesday, following the tax reform package recently signed into law, it is increasing the minimum wage it pays employees — effective immediately — to $15 per hour and plans to raise its level of community giving.

“We’re pleased to share the benefits of the strong economic conditions, and the effects of the recent tax reform changes, with our employees and communities,” said David Casper, president and CEO of BMO Harris Bank, in a news release. “Our success is tied directly to the communities we serve, and we’re proud of the exceptional job our employees do in providing a great customer experience.”

BMO Harris Bank plans to increase its level of community giving by 10 percent in 2018. BMO Harris Bank donated more than $17 million to community groups throughout the U.S. in 2017.